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Generally, it is not possible to completely eliminate both translation exposure and transaction exposure. In some cases, the elimination of one exposure will also eliminate

Generally, it isnot possible to completely eliminate both translation exposure and transaction exposure. In some cases, the elimination of one exposure will also eliminate the other. But in other cases, the elimination of one exposure actuallycreatesthe other. Discuss which exposure might be viewed as the most important to effectively manage, if a conflict between controlling both arises. Also, discuss and critique the common methods for controlling translation exposure.

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